Sep 28, 2012 3:00pm EDT
of the top defense analysts gives you his list of losers and winners next. >>> attention amazon shoppers, the online retail giant has its sights set on selling wine. >>> and oops, tim cook apologizes for apple's half-baked map app. is this his first big mistake of the ceo? we'll get to the core of the matter. at optionsxpress we create easy-to-use, powerful trading tools for all. like our all-in-one trade ticket. we put strategies, chains and positions all on one screen. start trading today with optionsxpress by charles schwa start trading today with for many, nexium helps relieve heartburn symptoms caused by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels have been seen with nexium. possible side effects include headache, diarrhea, and abdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pa
Oct 1, 2012 3:00pm EDT
of gerring wealth management. he says yes. gary clark says be defensive knew, expect a rally after the election. thanks for joining us. harry, why do you expect a rally after the election? we'll get nr clarity then? >> that's one thing. the uncertainty is the death of the market. i think we're going to get a correction first. the market is tired. the tired gain of last month was two days. ecb day and qe forever day. that's not good for the markets. the market needs a correction. think now anywhere from 5% to 8% will do it. a lot of money out there waiting to get in the market. they missed it. that's a lot of reason a rally. a lot of money that missed the market rally this year. they're going to find it. >> in fact, eric, you're the opposite of harry. you think yewe're going to see rally now then you're bearish longer term. why? >> if you look back at the market pattern, qe 2, for example, you know, there was a strong rally and anticipation of qe, but once the policy was actually put in place, the market paused. it had to digest the receipt of qe. that took about two or three weeks.
Oct 2, 2012 3:00pm EDT
. in the morning it was higher. then they started to buy those treasuries and the yeield came down. defensive nature to the sectors that were doing well today. the classic defensive plays, health care and utilities leading the way followed by everybody's favorite these day, telecom, because of that dividend play. the financials are squeaking out a gain at the close. peter costa, what do you make of this late comeback? >> we've seen the last few days where the market's been up and sold off towards the end of the day. this is just a reversal. i think towards the end of the day we've seen a lot of reversals. you know, short positions being covered. >> the spanish, we believe they'll eventually ask for help from the european central bank. >> get it over with. >> what does the market do when that finally happens? >> well, i think there will be a sigh of relief. one of the question marks that's been overhanging the market for the last six months will be answered. i would imagine it would be not fully answered, but it will be answered. i think the market will probably rally after that. i guess we'll
Sep 27, 2012 3:00pm EDT
out defense and transportation, it was still a very weak number. that was the third down month in a row we had seen on that. that's not a good sign. >> so are things worsening? >> in my view, they are. the employment situation is as bad as it was in 2009. i like the employment to population ratio. that has only moved one-tenth of a percent higher since its worst print in 2009. >> yet, you don't want to get in front of this train that is the stock market with the central bank easing. >> i would disagree with that. don't fight the fed. you should be fighting the fed at this point. i look at double-digit returns. you don't get double-digit returns every day when you have these kinds of structural head winds ahead of you. we've been very actively doing what we can control, which is trimming portfolios into these rallies, taking risk off the table all year long. so when you say don't fight the fed, that's really a short-term phenomenon. >> really? >> to me it's a great opportunity. >> i don't know if ben bernanke -- he makes it sound like it's going to last for a while. you don't th